HOUSTON-FMA Alliance Ltd. has relocated its corporateheadquarters to a 31,500-square-foot build-to-suit building inCutten Road Business Park. The debt collection firm signed a10.5 year lease for single-story property developed by ClayDevelopment Co.

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By moving to a new facility, FMA Alliance was able to reduce itsoccupancy costs significantly since it previously occupied 42,000square feet in an atrium-style building at 11811 N. Freeway.

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“They were able to increase their efficiencies with the newbuilding and eliminate duplicated space like multiple breakrooms bybeing in a single-story building,” says Trace Elrod, a vicepresident with Jackson Cooksey’s Dallas office. “Even though thespace is smaller, they were able to increase [the number of peoplein the space].”

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Elrod tells GlobeSt. FMA Alliance had been a tenant in itscurrent building for more than 26 years. “They were paying for 20%more space than they needed,” he explains.

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The company looked at a variety of facilities, from multi-tenantbuildings to vacant big boxes. “We considered all options, but theone that worked best was the build-to-suit,” Elrod says.

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The new facility, located at 12339 Cutten Rd., will house morethan 200 employees, spread over multiple shifts. The tilt-wallbuilding has an elevated slab and backup power to minimize downtimeduring bad weather such as hurricanes. It features an open-conceptdesign with plenty of ambient light, Elrod notes.

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